This mixed-use growth in El Segundo, California, encompasses retail, residential, and workplace areas, typically incorporating open-air designs, leisure venues, and curated experiences. A hypothetical instance may embody a fancy that includes boutique retailers, residences, eating places, a movie show, and public gathering areas centered round a park-like setting.
Such initiatives purpose to revitalize communities by offering enticing locations for residents and guests, fostering financial progress by job creation and elevated property values. The historic context typically includes the transformation of underutilized land or the reimagining of present industrial facilities to create vibrant, multi-functional hubs that contribute to a metropolis’s general attraction and prosperity.
